in business in twenty minutes. a very warm welcome to you this is r.t. live from moscow german will make his have agreed to massively increase the size and power of the euro zone's bailout fund meaning burden will guarantee a whopping two hundred and eleven billion euros worth of lang's greece is watching this closely as it tries to convince the e.u. and i.m.f. to release more emergency cash but the greek public's anger is focusing on the facing more cuts and tax hikes says sarah first reports from athens. with the state going through it means that now there is at least some signs of optimism for the struggling economy that the cash will perhaps be available. that there was a little bit of a struggle the chancellor merkel to garner support for it creasing the size and

power of that u.a.e. saying bailout fund she managed to get it three ready despite that very being a positive outcome people are already looking to the challenges ahead for the eurozone still faces here in greece there was a surprise really that was passed because what people here have been saying is was bad for greece is bad for the rest of the euro saying as well remember these are very difficult times not just the greece the countries such as spain and italy so really countries like germany from what we've been hearing they really can't afford to let a country like greece fell at this moment because spectators would then be turning their size to these other bigger economies and that's where you could really see some trouble so is certainly a positive outcome but by no means is the eurozone out of this deep situation just yet this is just another of the money that we take from this is not this is really short. term solution and the longer term solution is

how greece countries a productive system because we have sectors that we have we can be competitive and we export but we have to proceed with some structural reforms that have been in the navy for for many years know the allyssa sameness very important because it's what most of the country have been saying is that really the biggest challenge is exactly how you establish growth in greece and although you've got this cash injection that really needs to be one of the main focuses moving forward is how you establish that growth and the people here on the street that we've been speaking to said how on earth are they supposed to do that when they're being crippled with these extremely strict else. thirty measures that are free so unpopular you speak to these people there and they're really very angry about the decisions that are being made by their parliament that they simply don't agree with they say that they've been pushed to breaking point is not that they don't want to pay these extra taxes that have been put on them we saw the property tax pass munchies the

night is that they simply can't now they've got to the point where they have no money and they certainly with with cost to the decisions that the other view is they need is a making they feel a little bit like they've been made into a sacrificial lamb that they're being punished as a sign to the other countries you know you get yourself into the situation and this is what happens whereas what they said is that this is every single country's parts of play in this as to the entire year is and they're not the only people who have problems there are a lot of countries struggling right now and really going forward they need a way to be able to get out of this and build a future they simply don't see that at the moment so it's a very tricky times ahead as we said this day it was a positive that certainly in the coming weeks it looks like there are going to get that next tranche of money the eight billion euros but really the biggest focus is going to be on just how to get back that public support and regain the confidence that they're going to be able to escape this crisis. or the rescue fund bill was

passed with a majority of the german parliament with less than a sixth of lawmakers voting against the financial industry expert young hearkens says the german people are less happy with greek bills. people who are in germany are not in favor of these just nevertheless she managed to keep her coalition for this decision so political i think of the short term she definitely gained some points but it's not over yet i would say i think one of the main challenges if you listen to opinion polls there seems to be widespread public discontent with the recent bailout packages people are not really seeing that the funds are solving the problem they have deep mistrust and putting more money into the greek economy and the problem is that all political parties on the other side favor these packages so there's no. say no way of voicing the public

discontent in the parliament and i think that will be the big challenge going ahead . for the parliamentarians making clear to the public that these measures will solve the problem in the end and. the situation on the ground is right now i think there are serious doubts whether this can be achieved so the public will probably be confronted with more unpopular measures well if you want some of my painting financial insight have a listen to this. i go to bed every night i dream of another recession. all said on that t.v. but i will see why this seemed to be a surprise to these guys it all coming out. cos of a remains. reinforce its presence at the northern border with the congo boiled over on tuesday at the travel checkpoints when a dozen people were housing crashes as they try to dismantle the barricades.

for now this simmering tension has calmed down from about two days ago and when her stand that the situation still remains very tensed and potentially very much explosive as we understand that serbs are reinforcing their checkpoints their manmade checkpoints and the k. four and nato troops are pulling more soldiers to the front line through to the place where the borderline where the place with where the clashes have been happening for the past several months now on tuesday night another clash happened at the checkpoint at the course of a border of the quarter but the border between kosovo and serbia and this still a great deal of controversy surrounding this incident because the sides are playing a blame game and nobody knows who to blame for this attack while nato troops are saying that there was war the civil service who provoked the attack at the same

time the nato troops are saying that they used rubber bullets and gas grenades and tear gas grenades against the attackers while we have reports from medical services in the area that the injured were delivered to the hospital carrying gunshot wounds so it is really hard to say what's true and what's false in all this story and who is so blamed for the tuesday's incident meanwhile there has been a very sharp response from belgrade of course with the latest events in the north of serbia to facts that are going to set up customs the room what they think is the independent state of course on the other hand they show that there are international unions and a whole number of states to deprive you of such intentions of prishtina we are facing a situation here when international forces deployed in kosovo in fact serve the needs of prishtina instead of maintaining a neutral position this is why serbia is against it this is been happening ever

since july in fact ever sense of the cost of the police set up roadblocks on the border with. so and serbia thus enforcing a trade embargo preventing the sale of goods from the mainland serbia to the serbs living in the course of a definitely these areas now remains in high tension just as the whole region and the has been very sharp responses on the international level with in particular the russian foreign minister saying that this particular dispute this particular incident destabilize is the situation in the whole region and could provoke would lead to a very serious consequences when in just a few minutes the palestinian's un membership moves towards the next day. was international condemnation for what's being branded as counterproductive construction plans and how it's been in territory. and what chunk of spaceways means the eye is that screw having to come up with something since even me.

a car bomb has killed an entire family including an eleven year old girl in russia southern republican doug a stunned a police officer was also among the eight victims with a bomb went off the security officers approached a suspicious vehicle parked by the road a civilian car driving by was caught in the blast all of the passengers were killed instantly investigators believe the attack was aimed at a local official due to pass through the area more than seventy people have been killed in douglas down this year. but the wheels are turning at the u.n.

security council of the palestinian state to bed faces a vote at the group's admissions committee on friday it needs at least nine of the fifteen members to approve it joining the international body but the threat of an american veto still hangs in the air president obama insisted the actions between israel and the palestinians are the only way to reach sovereignty in the meantime israel has further antagonized most of the global community by authorizing more settler homes in disputed east jerusalem prominent academic professor noam chomsky believes if israel really wants peace it should reconsider its settlement expansion . the choice between security and expansion very clear choice israel is like other states is preferred since the early seventy's it's had a choice between security and expansion can have peace but not with expansion into the territories which incidentally is recognized to be criminal but every one they

can get away with it as long as the most powerful statement will back him and as long as you're a close one that's where we now stand and it's up to the people danced industrial countries to compel the government to go along with the world. and you can watch either for them to be with us and out of trouble if he shows his label of violence and just our. now it's china's turn to stake a claim to the stars as it launches its first overseeing laboratory nicknamed heavenly palace the only man facility or space in his presence in orbit it will also test the iss ahead of time his plans for its own space station by the end of the decade because of this often the news of the one cosmonaut explosions in billings the country's gone its own way are to be banned from joining us. live at

the q three program china has been approaching it in a space exploration program with few but very precise steps every launch for them is something new but for now they are at the point we had reached thirty years ago as for technology they may well have borrowed some of it both officially named on officially from russia the u.s. and europe all over the place with one of the reasons the chinese are developing their own space program is that they weren't invited to join the i assess they were even refused permission just to visit the station though russia and europe had nothing against it so we have to bear in mind that china is a different civilization it was once willing to go hand in hand with us and the americans but will ultimately go their own separate way so this launch is the first step to their own module based space station which they plan to start building in two thousand and eighteen. meanwhile the only space station in existence is under threat of a collision a fragment of an old rockets hurtling at

a dangerously high speed towards the i assess astronauts are preparing to take evasive action these all of us got the details of the space saving mission. and there are an estimated twenty thousand pieces of space junk being tracked going around going around the planet at the moment this particular piece of space junk is a a ten centimeters size bits of a rocket that was launched in one thousand nine hundred ninety one to send a satellite into orbit now what happens if the eye assess detect that they are on a collision course with a piece of space junk that they try and make emergency maneuvers if they can to try and get out of the way however if they can't make those those maneuvers and be one hundred percent sure that they can get out of work out of the way there's only one course of action left the crew take shelter in the most protected area of the ship the safest place is the capsule in the so use module so that's where the entire crew hides when the station is considered to be in danger or very well

unfortunately as it stands at the moment there is no viable plan in place to clean up space there is no method of giving space a spring clean all of those theories that have been put forward are either too expensive to outlandish some of being dubbed a little bit to size by or they're just not workable now the big problem comes is as i say around twenty thousand objects are being tracked at the moment the most recent one you can see a shot of just right there that came down to earth the most recent large object was to you a r.s. . research module that was a nasa satellite that will be monitoring the the atmosphere that came down to earth last week and part of it went through the atmosphere now that the reason that we have so much space junk in the big problem comes is that the space junk is growing exponentially due to something called the kessler effect now what this is one piece of space junk crashes into another piece of space junk and makes more space junk so

the scientists and those who are monitoring it the pieces of debris that are up there the big concern for them is that. and around six years we might not be able to actually get. to with there might be enough space junk up there to cause problems from launching well anything from a pope into space due to the fact that the simply isn't and isn't any room around the planet so at the moment there is no way of tidying up all of this debris to make sure that we can continue the exploration of space he said of outlining the battle against space junk well for in-depth coverage all that sort of course everything else that we're across they do log on to our website dot com he's also the online right now if there's any thing that we missed the down. at the moment was sightings in different countries on a daily basis well i'll see how that where the message more mom might be hiding had

online for more. on former ukrainian prime minister yulia timoshenko back in the don't call for a two week break and she has been on the happier for it visit dot com to find out why and check out all you tube channel four exclusive. it's. now an eye opener for those struggling to make ends meet in the current age of austerity has come for the financial well this week and independent traders revelations have gone viral after here volatile markets play right into the hands

of people like him and that's not the only reason why his admissions are causing our problems. the governments don't rule the world goldman sachs rules the world it was the comment heard around the world one that generated widespread reaction from papers and pundits alike we appreciate your candor however it doesn't help the rest of us does it but instead of talking about the comment itself most outlets remediate least not to shoot the messenger alessio prices forbes called him a psychopath c.n. b.c. suggests it might be a hoax new york magazine wonders if it is a hoax or perhaps our worst nightmare well regardless of our intentions the bigger question has been largely ignored was he wrong about the power of goldman sachs and why was everyone so shocked after all right here at r t in our studios we've had several guests bonafide traders even former goldman sachs employees who have said

at the very same thing washington is not the biggest player in this the global bankers are the biggest players the global hedge fund managers and that's where the action that she is determining the outcome of this mass not the players in washington they have already ceded control to the global banking industry wall street has been pulling the strings in washington from the get go it is the largest sector of campaign contributions and that's to both parties but for the mainstream media who don't share views like these were studies honesty was unexpected survive and thrive t.v.'s george hamon story when they asked him nice questions on b.b.c. he just let it all hang out and the actual truth came across. recently also sent shock waves around the world when he told the b.b.c. that most traders don't really care if and when the economy is fixed personally i've been dreaming of this one for three years i have a confession which is i go to bed every night i dream of another recession the

b.b.c. interview has now gone viral if you could see the people around me jewels of collectively drop what you just saves perhaps there. it wouldn't have dropped they only read matt july two thousand and nine a rolling stone article the great american bubble machine in it he famously described goldman sachs as a quote great vampire squid wrapped around the face of humanity relentlessly jamming its blood funnel into anything that smells like money t.v. discussed with us recently how although people are unaware of it the big bank has profound power in society how much you're paying for gas how much you're paying for electricity how much you're paying for your credit cards. your mortgage how much you're paying in taxes and how much of your tax dollars are going to debt service. unlike the mainstream media a few here would be shocked by rest on these comments because that was for nearly two weeks these protesters have been out every day hoping to bring an end. or at

least awareness to what many call a corrupt system really was. and still others have argued for years that the government's actions are dictated by the big banks the very special interests on wall street the insurance industry these guys these are the people who are writing the laws that obama is passing they are keeping him in power they are the ones that are financed this campaign and the laws are being written for their benefit. as anger builds here perhaps better questions need to be asked here so that a different message is sent to decision makers here that the system that has been sustained and protected for decades might need to change in washington christine for our tea. the news in brief an elvis anti gadhafi fighters have taken control of the air in the future to him tell of the six day long assault continues

all the previous dc's the two weeks ago but we've been driven back by loyalists he still without stiff resistance so that means continue to feed the violence in the besieged city. so called in bahrain has handed twenty medics a jail sentences of up to fifteen years after convicting them of incitement to overthrow the government the group had treated protesters injured during clashes with security forces earlier this year in a separate case the protester has been sentenced to death for killing a policeman cheering the armrest the op rising came in the wake of the arab spring i was harshly suppressed with numerous claims of human rights abuses. people are feared dead in indonesia after a plane crashed in a mountainous region in the west of the country heavy rain was reported in the area shortly before the plane came down it's the latest transportation tragedy in the country only the day before eight people were killed and dozens more injured in

a stampede on a ferry when a fire broke out on board. former international monetary fund chief dominic style scanners held a private meeting with the french writer who accuses him of attempted rape it took place in the paris police station which is common practice to test whether a case should go to court system by law and they claimed the politician attacked while she interviewed him in two thousand and three trials can denies the charges and plans to counter suit. now a little easier on r.t. financial terrorists and shady deals as the car is a report delves into the world of money and power that softer the business update with marino. hello and welcome to business here on our to russia took a heavy blow in the last balance of the financial markets herbalists last week the country's indices lost over ten percent which made russia the worst performer among

emerging markets but does this recent weakness present an opportunity for bargain hunters well in the from what creates a capital believes it does spot investment now would be risky. taking into consideration prices and level this. is very attractive but the main point is that there is significant flow of money is supposed to hit the place right now according to the recent i.m.f. research paper ever around eight point two billion dollars from emerging europe and particularly russia supposed to be get all so there is a big opportunity for emerging market being on the top level very now for big funds but unfortunately the more trying to be conservative and still be in cash and bind us treasuries and rather than looking to emerging markets. let us take

a look at the markets now we'll start with a world which is higher trying to claw back from its biggest quarterly drop since two thousand and eight lots of speculation that have expanded the european bailout fund which was approved by the german lawmakers today will support economic growth and of course you know the demand the w. is trading at around eighty two dollars per barrel while the blend is at around one hundred four dollars per barrel. let's take a look at the u.s. markets now they open the high after germany's parliament voted to approve the expansion of the euro zone bailout fund another boost was a better than expected economic reports in the country which showed the initial jobless claims the climb to the lowest level since april the nasdaq has since raised earlier against trading slightly in negative territory. in europe markets are now mixed the footsie has slipped into the red this by the news in germany the dax is still gaining point three percent banking shares are rallying with commerce bank up eighty percent of people who bought gaming almost seven percent and

suicides as general added five percent this hour. here in russia markets out of the trading session on the high notes of the arts he has gained over one of the half percent while the my socks went off over at super son let's take a look at. individual share moves on the my sex and the gym agers gained with roles left up almost three percent the company just received their five hundred million dollars credit for operating purposes banking stocks were no exception would be to be gaining about the same a bounce after consolidating eighty percent of the shares of bank of moscow and coal miner at a spot sky last that after posting disappointing first half results the company's that profit more than hovda ninety nine million dollars douglas the role of such well said capital wraps up with a straight for us. well i mean the two big good pieces of news today one of them was the you know germany's problem in paris this expansion of the the bailout fund which was expected positive nonetheless and later on what really got the market

moving was good economic data coming out of the u.s. is better than expected g.d.p. figures and strong you know basically inflation is wider than expected which basically suggests that. the economy might be heating up. which i guess is quite positive in this context so overall we expect. the market will and i are piece of the on the back of these you know two positive pieces of news. shares of russia's top search engine vandyke's have suffered the biggest fall since less than one last that but that's in percent the shares teetotallers below the list price are in the company's i.p.o. in may analysts say confidence has gone knocked as the company continues to lose position in this whole market so google. another dispute over gas prices is rearing its head cherokee says it could break existing contracts if gas from does not

provide a beggar diskettes and cries complaining that the price of russian gas has risen thirty nine percent and two and a half years there are public and nearly buys thirty billion cubic meters of gas from russia which is almost two thirds of turkey's demand and this is not the first time the country has asked for lower prices but so far moscow has resisted that has had to change the contracts. that's how business looks the sour for more stores you can always check out our website our dot com slash business but in the meantime it's alice in the headlines.

move. to.

germany gives the go ahead for its hugely inflated euro zone bailout fund is it down to two hundred eleven billion euros worth of loans to prop up its currency colleagues is greece tries to convince the e.u. and i.m.f. to release more emergency account of. serbia and its breakaway kosovo are teetering on the brink of boiling over off the checkpoint clashes and russia's warning nato you just did clear of taking sides in further inflame the conflict it's all to the allied reinforce it certainly is draw the reinforcers presence in the northern border with serbia. and china heads up for the heavens as it north has an ambitious space lab the facility should produce spacings presence among the stall sometimes more says ahead of beijing's plans for its own space station. thanks to razor sharp and ready to buy macs.